Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 1722 S. Rutherford Boulevard is a 100% occupied, well located retail strip center in the heart of growing Murfreesboro.
- State of the art construction.
- Very desirable 1,500 SF floor plans.
- All suites have their own utility meters which are paid directly by the tenants.
- Well designed and like-new.
- 7,500 SF on .9 acres.
- Five 1,500 SF suites.
- Just 16 years old!
- Well parked with 50 parking spaces for a ratio of 6.6/1,000 SF.
- Strong building and pylon signage.
- Incredible location.
- Located roughly at the intersection of SE Broad Street and S Rutherford Blvd…a very high traffic intersection.
- Diversified, staggered rent roll.
- The average base lease was 5 years…each with a built-in 5 year renewal option.
- Diversified business types include a convenience store, nail salon, and three food providers.
- The property just sold for $1,850,000…$247/SF…7.3% cap rate.
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About Beau Beach, MBA CCIM
Beau is a tenacious Commercial Real Estate Broker, entrepreneur and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.
Beau leads Beachwood which is a nationwide commercial real estate brokerage for sellers…with emphasis in Nashville, Milwaukee and the states of the Southeast.
He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.
He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.
Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com